Business News

[31-05-2016] Monetary policies from now until the year end must give top priority to ensuring the safety of the banking system and controlling inflation while still trying to support businesses. This new directive was issued by the State Bank of Viet Nam (SBV).

[31-05-2016] Rising demand in Viet Nam's residential segment is expected to sustain solid growth in the construction industry, though delays to accompanying infrastructure projects and tighter credit conditions could slow the pace of development.

[31-05-2016] Foreign investors registered to pump approximately US$10.16 billion into Viet Nam in the first five months of this year, surging 136 per cent from a year ago, statistics from the Ministry of Planning and Investment reveals.

[31-05-2016] “There is still enormous room for Vietnam logistics growth” was the statement of Mr Vo Tan Thanh, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) and Director of VCCI - HCM, at the Conference “Logistics and Supply Chain: How Vietnamese companies can enhance their competitiveness in the integration context” held by VCCI - HCM.

[29-05-2016] There were more than 44,700 newly established enterprises in Viet Nam with total capital of VND349.5 trillion (US$15.5 billion) in the first five months of this year. According to the Department of Business Registration, this represents a 24 per cent year-on-year increase in the number of new businesses, and a 59 per cent year-on-year increase in capital.

[26-05-2016] The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to avoid side effects. This advice was suggested by industry experts according to Phap luat thanh pho HCM (HCM City Law) newspaper.

[30-05-2016] Recently, the General Department of Customs (“GDC”) has held an internal workshop in Binh Duong with the attendance of all provincial customs authorities to share experience and discuss the customs inspection implementation of Circular 38 on customs compliance checking.

[30-05-2016] Through almost three decades in Vietnam, Operation Smile has helped change lives of more than 39,000 Vietnamese underprivilleged children suffering from cleft lip and cleft palate, and has contributed to develop the standards of safe surgical care to health facilities in the country.